Operational Resilience in FS Firms

On 13th September, ICAEW's Financial Services attended a roundtable hosted by the Bank of England and FCA to discuss the recently released Operational Resilience in the Financial Sector Discussion Paper. The roundtable was attended by various industry and trade bodies, and lots of views were presented for the relevant regulators to take back.

Next steps are still to be decided, there could be a consultation paper or other, once the regulators have garnered enough views from the industry.

ICAEW Financial Services will be staying close to the developments, and are keen to hear as many views as possible. Please contact fsf@icaew.com with any thoughts on the document.

Discussion Paper: https://www.bankofengland.co.uk/-/media/boe/files/prudential-regulation/discussion-paper/2018/dp118.pdf